Daily Market Interpretation - BTC 06/18 The previous text suggested that the main focus should be on guarding against BTC's downward trend after confirming the daily break, and this trend is still ongoing .. From the perspective of daily structure, in the context of short-term suppression and long-term support, it belongs to a typical oscillatory trend. The upward trend at this position is not sustained, and there is also spatial support during the downward process. The local moving average is in a gradual breaking state, so we should be prepared to gradually rebound downwards. From the range of 4H to 12H, especially at the position of 4HMA250, it plays a bridging role in both short-term and long-term structures. In the current trend, it is already an effective breakout state, and the first priority is to guard against further dips in the evening to early morning. (There is no operational space for the upward position, so let's not do it for now. Even if there is recovery, it is difficult to sustain.) From the 15 minute to 1H trend, all levels of K-lines are on the bearish side. The daytime pullback has already repaired the small oversold part at night, and there is a clear suppression brought by the moving average and K-line pattern above. The upward space is very limited, and the oscillation sideways or further downward exploration at the bottom of this level is a relatively high probability event. Summary: The trend from 4H to the daily chart belongs to a linked break state. Among the following levels, the K-line runs on the bearish side and the trend is not very ideal. (1) Beware of further dips in this level first, and (2) participate in the rebound in the daily chart structure after the dip is over. The approximate reference points are as follows: Short term support ranges from 102611 to 101515 (1:2 for long and short positions, with a gradual decline to enter and a sudden decline not to enter, fast in and fast out), and the second support ranges from 98668 to 96958 (sudden decline to rebound). Short term suppression is in the current price range and 105466 to 106600 BTC (without breakthrough)